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LG Innotek Co (XKRX:011070) Change In Inventory : ₩-160,916 Mil (TTM As of Mar. 2024)


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What is LG Innotek Co Change In Inventory?

LG Innotek Co's change in inventory for the quarter that ended in Mar. 2024 was ₩-566,995 Mil. It means LG Innotek Co's inventory increased by ₩566,995 Mil from Dec. 2023 to Mar. 2024 .

LG Innotek Co's change in inventory for the fiscal year that ended in Dec. 2023 was ₩364,710 Mil. It means LG Innotek Co's inventory declined by ₩364,710 Mil from Dec. 2022 to Dec. 2023 .

LG Innotek Co's Total Inventories for the quarter that ended in Mar. 2024 was ₩2,172,774 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LG Innotek Co's Days Inventory for the quarter that ended in Mar. 2024 was 43.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. LG Innotek Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.09.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. LG Innotek Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.43.


LG Innotek Co Change In Inventory Historical Data

The historical data trend for LG Innotek Co's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LG Innotek Co Change In Inventory Chart

LG Innotek Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33,773.00 -383,590.00 -567,525.00 -663,063.00 364,710.00

LG Innotek Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -41,369.00 804,212.00 -878,571.00 480,438.00 -566,995.00

LG Innotek Co Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-160,916 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


LG Innotek Co  (XKRX:011070) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

LG Innotek Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1872387.9345/3915234.019*365 / 4
=43.64

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

LG Innotek Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

LG Innotek Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1872387.9345 / 4333577.945
=0.43

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


LG Innotek Co Change In Inventory Related Terms

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LG Innotek Co (XKRX:011070) Business Description

Traded in Other Exchanges
N/A
Address
30, Magokjungang, E1/E3, 10-ro, Gangseo-gu, Seoul, KOR, 07796
LG Innotek Co Ltd is a Korea-based company engaged in the manufacturing of materials and components that focuses on mobile, automotive, LED, display, semiconductor and IoT business fields with its core technologies. The company offers mobile products, including camera modules, wireless power chargers, and optical biosensor modules; and automotive products, such as motors and sensors, connectivity, thermoelectric modules, and LED lighting products. It also provides display products, which include photomasks, power modules, digital tuners, and touch panels; semiconductor products consisting of flip chip scale packages, chip on films, wireless modems, routers, and electronic shelf labels.

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